Microsoft wants to buy TikTok's US operations

Stefan Mileschin · 4th August 2020, 06:48

Post haste

Microsoft wants to boy the short-video app TikTok, a potential blockbuster deal that could re-shape the social media industry and further inflame crumbling US-China relations.

Vole threw its hat in the ring on Sunday after President Donald Trump reversed course on a planned ban of Tiktok and gave the two firms 45 days to come to a deal.

The proposed acquisition of parts of TikTok, which boasts 100 million US users, would offer Microsoft a rare opportunity to become a major competitor to social media giants such as Facebook and Snap.

Microsoft, which also owns the professional social media network LinkedIn, is also seeking to buy TikTok’s Canadian, Australian, and New Zealand interests.

https://fudzilla.com/news/51283-micr...-us-operations

4th August 2020, 06:48	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,541	Microsoft wants to buy TikTok's US operations Post haste Microsoft wants to boy the short-video app TikTok, a potential blockbuster deal that could re-shape the social media industry and further inflame crumbling US-China relations. Vole threw its hat in the ring on Sunday after President Donald Trump reversed course on a planned ban of Tiktok and gave the two firms 45 days to come to a deal. The proposed acquisition of parts of TikTok, which boasts 100 million US users, would offer Microsoft a rare opportunity to become a major competitor to social media giants such as Facebook and Snap. Microsoft, which also owns the professional social media network LinkedIn, is also seeking to buy TikTok’s Canadian, Australian, and New Zealand interests. https://fudzilla.com/news/51283-micr...-us-operations

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